DIVIDEND: Kayne Anderson Energy Announces Unchanged Dividend

October 9, 2011: Former Business Development Company (“BDC”) and regular dividend payer Kayne Anderson Energy (ticker:KED) announced on Friday October 7th a $0.38 payout‏ for the third quarter and a Net Asset Value of $$22.01. The dividend was unchanged from the prior quarter but substantially above the level two quarters ago ($0.31) thanks to the sale in the spring of a portfolio company for a healthy profit. NAV is actually slightly lower than the amount reported back at the end of last quarter in May. The reduction is probably due to lower values for public Master Limited Partnership investments, which dominate the Company’s balance sheet, and which have joined the general drop in stock market values of the past few months.